KryptoKite

THORChain exploit tied to malicious node and GG20 flaw

CoinTelegraph4h agoUpdated 3h ago
THORChain exploit tied to malicious node and GG20 flaw
Smart Read

A malicious node operator exploited a GG20 vulnerability in THORChain's threshold signature system, draining $10.7 million from a vault by reconstructing a full private key. Automatic solvency checks halted trading within minutes, limiting damage. THORChain's governance proposal ADR-028 seeks community approval for recovery using protocol-owned liquidity without selling RUNE tokens. The incident reflects rising DeFi security concerns affecting market confidence.

Coins in this story

ETH
Ethereum
ETH
₹2,114.71
-0.25%
ViewTrade ETH
Trade ETHRead original on CoinTelegraph
Part of narrative
Regulation

Explore how Regulation is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.

Explore narrative

Related stories

House Republicans Open Investigation Into Kalshi, Polymarket Over Insider Trading
Decrypt4h ago60-word brief

House Republicans Open Investigation Into Kalshi, Polymarket Over Insider Trading

The chair of the powerful House Oversight Committee has requested documents from Polymarket and Kalshi regarding insider trading and war-related markets....

ETHSOLMemes
Read full story
Source
Trade ETH
DeFi hacks shake institutional confidence as risks outpace yields
CoinTelegraph4h ago60-word brief

DeFi hacks shake institutional confidence as risks outpace yields

Repeated bridge exploits and shrinking yields are making institutions question whether DeFi’s risks still justify the returns, says Symbiotic’s Putiatin....

BTCETHRWA
Read full story
Source
Trade BTC
Morning Minute: Mark Cuban Sells His Bitcoin
Decrypt5h ago60-word brief

Morning Minute: Mark Cuban Sells His Bitcoin

The billionaire cited underperformance vs gold and broader disappointment with crypto's breakout apps (or lack thereof) as drivers....

BTCETHMemes
Read full story
Source
Trade BTC
KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.